Source: Brendon Fallon
The Chinese Communist Party’s (CCP) first historic resolution in 1945 cemented Mao Zedong as the Party’s undisputed leader; it followed a three-year, brutal campaign of purging his political adversaries.
The CCP’s second historic resolution in 1981 came two years after the launch of China’s “economic reform and opening up,” under Deng Xiaoping.
Unlike the previous resolutions, the third has no acknowledgment of past mistakes to be avoided in the future. This latest resolution is a celebration, above all else, of the “grand achievements” of Xi Jinping. China watchers say it is a political instrument for the purpose, in part, of cementing Xi’s position and deterring interference from the competing Jiang Zemin faction.
The political-scandal allegation leveled by China’s international tennis star Peng Shuai at former Jiang Zemin-faction heavyweight Zhang Gaoli is said to be serving a similar purpose.
What does the global trade status quo tell us about the real state of China’s supposedly prosperous export industry and what the future of China’s economy could hold?
Revelations Chapter 6 – The Holy Bible, New American Standard Bible
1. Then I saw when the Lamb broke one of the seven seals, and I heard one of the four living creatures saying as with a voice of thunder, “Come!”
2. I looked, and behold, a white horse, and the one who sat on it had a bow; and a crown was given to him, and he went out conquering and to conquer.
3. When He broke the second seal, I heard the second living creature saying, “Come!”
4. And another, a red horse, went out; and to him who sat on it, it was granted to take peace from the earth, and that people would kill one another; and a large sword was given to him.